After 20 years of buying and selling real estate this morning it occurred to me that if somebody offers to sell their house for let’s say $250,000 “as is” and you agree to pay that exact price with no contingencies, but other people are interested in the property , then that seller can just raise his price and not sell the property for the price “advertised”.

Comps will be difficult, and he'll be looking at the recently sold houses.

You'll find they have a few scars and stories to share that don't match the rosy picture painted by new investors that have never experienced a down market.I know a very respected Property Manager in Florida.

I plan on  house hacking with bigger multifamily homes to quickly scale up.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $585,000

Cash invested: $10,000

Utilized A&N's 5% down multi unit conventional option prior to the 5% do...

BTW housing prices fall inter-year, not on a 5-year span.

We obtained private money, a fix and flip loan, bought the house, completely rehabbed both sides , and then refied it.

With one million dollars and picking up the houses while distressed and refinancing you can build an extensive STR portfolio. 

Now go get one of Aarons green houses, as luck has it, it is just around the corner from your medical center house.

The house is a 3/2 with a full unfinished basement, upstairs is about 1900 only 4 years old.